The meeting will be held at 5:15 p.m. at Lloyd Andrews City Meeting Hall on Jackson Street, a notice sent by the city this afternoon says.

The notice says the purpose of the meeting is for council to consider an amendment to a contract to sell city property.

City Attorney Gilbert Chichester said this afternoon, “I know there will be a request to do another extension.”

Chichester said it was not immediately clear what kind of time Thomas and Evon McClean are requesting.

The second extension granted to the McCleans earlier this month expires at midnight Monday.

Chichester said he is hopeful council Monday will agree to another extension “that would allow them to move forward in the closing.”

Said the attorney: “What they are waiting for is a commitment letter from the bank. The prospective purchasers are waiting for the letter. They have provided all the information that has been expected. After the letter an expedited appraisal will be obtained and then closing can take place.”

Chichester said, “It is my understanding the bank is going to approve the loan.”

Discussion on the matter is expected to occur in open session, he said.

At its first meeting in May, council approved a second extension until May 21.

That extension came after the McCleans completed their due diligence. At the time, however, they had not obtained satisfactory financing to purchase the property.

Chichester said at the time the financing issue is tied to the McCleans looking beyond just buying the theater  and wanting to develop other parcels within what has traditionally been called Carolina Crossroads.

The city expects that development would be similar to what was originally planned for Carolina Crossroads in the early 2000s.